The Bridge Loan Sample Clauses

The Bridge Loan. The Lender agrees to make a term loan in accordance with the terms hereunder available to the Borrower in the maximum principal amount of C$5,500,000 (the “Bridge Loan”) until the Maturity Date.

The Bridge Loan. Subject to the terms and conditions set forth herein, each Lender severally agrees to make a single Loan to the Borrower (each a "Loan" and collectively, the "Loans" or the "Bridge Loan") on the Closing Date in a principal amount not to exceed each such Lender's Commitment; provided, however, that if for any reason (other than the failure of a Lender to make such Loan) the amount of such Lender's Commitment is not drawn on the Closing Date, the undrawn portion thereof shall be cancelled. The execution and delivery of this Agreement by the Borrower and the satisfaction of all conditions precedent set forth in Section 3.1 hereof shall be deemed to constitute the Borrower's request to borrow hereunder on the Closing Date.

The Bridge Loan. Subject to the terms of this Agreement and in accordance with the procedure set out in Section 3.3, the Purchaser agrees to make advances (each a “Bridge Loan Advance”) to the Company and the Surviving Company, jointly and severally, in an aggregate amount not to exceed the Maximum Bridge Loan Amount. The amount and anticipated funding date of each Bridge Loan Advance and the milestones which must be satisfied prior to such Bridge Loan Advance (each a “Milestone”) are set forth on Schedule B hereto. The Bridge Loan shall be evidenced by the Bridge Note.

The Bridge Loan. Mesa agrees, on the terms and conditions hereinafter set forth, to loan to SSI on a senior secured and guaranteed basis an aggregate amount (the "Bridge Loan Amount") not to exceed $1,000,000 (the "Bridge Loan") on the date hereof. The Bridge Loan will be evidenced by a promissory note (the "Bridge Note"), substantially in the form attached as Exhibit E hereto, and will be secured by the Security Documents, and will be guaranteed pursuant to the Guaranty.

The Bridge Loan. At the Bridge Loan Closing (as hereinafter defined), upon the satisfaction of the conditions set forth in Section 2.2, Blue Dolphin will loan $1,700,000 to LLRII, resulting in a total loan of $2,000,000 from Blue Dolphin to LLRII pursuant to the terms hereof (the "Bridge Loan"). The transaction described in the first sentence of this Section 2.1 is referred to herein as the "Bridge Loan Transaction."

The Bridge Loan. The Bank agrees, subject to the completion of the Acquisition and upon the terms and conditions set forth in this agreement, to grant to the Borrower the Bridge Loan, and the Borrower agrees to accept the Bridge Loan from the Bank, in the aggregate maximum amount of seventeen million one hundred thousand Dollars ($17,100,000.00).

The Bridge Loan. Lender agrees, under the terms and conditions of this Agreement, to lend to Borrower the sum of $100,000 (the “Bridge Loan”).

The Bridge Loan. Company hereby agrees to loan to Benvenuto the amount of thirty thousand dollars ($30,000.00) such sum to be deposited into an escrow account by wire transfer pursuant to instructions provided by Benvenuto.

The Bridge Loan. (a) On the basis of the representations, warranties and covenants contained in this Agreement, and subject to the terms and conditions of this Agreement, CAM agrees to provide the Bridge Loan to the Company in an amount of $150,000 and the Company agrees to accept the Bridge Loan. (b) CAM will use the proceeds of the Bridge Loan to directly repay the Non-Consenting Holders, with the balance to be sent to the Company for working capital purposes.

The Bridge Loan. TSCI hereby lends to PPI and PPI hereby accepts from TSCI the sum of One Hundred and Fifty Thousand and 00/100 ($150,000) Dollars (the ABridge Loan"). The Bridge Loan shall be evidenced by a secured, convertible promissory note in the form annexed hereto as Exhibit "A" and hereby incorporated herein by reference (the "Note"). At the closing of the Bridge Loan which shall take place via facsimile and overnight package delivery service not later than March 3, 1999 (the "Closing"), PPI shall deliver to TSCI a duly executed copy of the Note. The Bridge Loan proceeds shall be evidenced by a Federal wire transfer effectuated at the Closing to such bank account as PPI shall have advised TSCI in writing at least 24 hours prior to the Closing, or by TSCI's business check payable to the order of PPI and delivered to PPI at the Closing.